UK miners halved investment in the EU after referendum but saw earnings rocket
The UK mining sector has halved its overall investment positions in the EU since the Brexit vote, but earnings have increased by more than £2 billion in that time.
Mining
Rio Tinto to build first solar plant in Western Australia to power iron ore mine
Rio Tinto has approved a US$98 million (100% basis) investment in a new solar plant at the Koodaideri mine in the Pilbara, Australia.
Roy Hill chooses Epiroc to automate haul trucks
Roy Hill has signed a contract with Epiroc to automate the Western Australian iron ore miner’s mixed fleet.
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Caterpillar introduces trolley assist system for Cat® electric drive mining trucks
The new Cat trolley assist system for Cat electric drive mining trucks is now available.
Eka launches cloud platform for end-to-end commodity management
Eka’s modular platform, built on Amazon Web Services, provides 50+ enterprise apps across trading and risk, supply chain and financial management.
Mining license for Aton’s Abu Marawat Concession area approved
Aton Resources Inc. has announced the approval of a mining license at its Abu Marawat Concession area, Egypt.
Fura to acquire additional ruby licences in Mozambique
Fura Gems Inc. has announced that it has entered into a share purchase agreement and non-competition agreements with Gemrock Co. Ltd with which Fura Gems will acquire interests in three ruby mining licences/concessions.
Trigon Mining awarded new exclusive prospecting licence
Trigon Metals Inc. has announced that Trigon Mining (Namibia) Ltd, Trigon’s 80% owned subsidiary, has been awarded a new exclusive prospecting licence no. 7525 by the Ministry of Mines and Energy in Namibia.
Sales of mining lubricants to soar steadily through 2029
Future Market Insights has reported how the sales of mining lubricants can be expected to soar steadily through 2029, with the coal mining sector accounting for nearly 58% of global market revenues.
More Mining news
Newport Gold Inc. to commence drilling programme
Newport Gold Inc. has announced an upcoming drilling programme at its wholly owned Manitou claim, located in the Burnt Basin property in the Greenwood Mining division in British Columbia, Canada.
Western Uranium & Vanadium Corp. mining update
Western Uranium & Vanadium Corp. continues its mining activities at the Sunday Mine Complex Uranium/Vanadium project.
Great Panther provides 2020 exploration plans for Tucano gold mine
Great Panther Mining Ltd is providing an exploration update for its wholly owned Tucano gold mine in Brazil.
GroundProbe extends fleet with new vehicle-mounted monitoring system
GroundProbe has extended its Slope Stability Radar (SSR) product offering with the release of the SSR-Agilis.
Global survey conducted to better understand the priorities in the energy sector
Aggreko has recently conducted a global survey to better understand the priorities of decision makers in the energy sector.
Canada's mining sector at a tipping point
The Mining Association of Canada has released its annual facts and figures report, a document focused on providing a comprehensive overview of current trends in Canada's mining sector.